We track 8 sales and 74 rental transaction records for this property. Explore live charts, price trends, rental yields, and investment analytics on the CITIGATE RESIDENCE dashboard.
- Average sale price: $1,030,375 across 8 transactions
- Estimated gross rental yield: 3.4%
- District 8 PSF ranking: Mid-range (top 66%)
- Freehold tenure · RCR · D8 · 28 units
About CITIGATE RESIDENCE
CITIGATE RESIDENCE is a freehold condominium, located at RANGOON ROAD in District 8 (Little India) (Rest of Central Region), developed by SPRINGLIFE CAPITAL PTE LTD, comprising 28 residential units, completed in 2011.
As a freehold property, CITIGATE RESIDENCE does not face lease decay concerns.
Unit Mix Distribution
Transaction data breakdown by bedroom type at CITIGATE RESIDENCE:
| Type | Sales | Avg PSF | Avg Price |
|---|---|---|---|
| 1 BR | 4 | $1,379 psf | $767,500 |
| 2 BR | 2 | $1,459 psf | $1,099,000 |
| 3 BR | 2 | $1,324 psf | $1,487,500 |
Sales Market Overview
CITIGATE RESIDENCE has recorded 8 sale transactions with an average transaction price of $1,030,375, ranging from $680,000 to $1,785,000.
| Year | Sales | Avg PSF | Avg Price | YoY |
|---|---|---|---|---|
| 2021 | 2 | $1,166 psf | $935,000 | — |
| 2022 | 2 | $1,405 psf | $889,000 | ↑ 20.5% |
| 2023 | 1 | $1,455 psf | $830,000 | ↑ 3.6% |
| 2024 | 2 | $1,472 psf | $1,302,500 | ↑ 1.2% |
| 2026 | 1 | $1,540 psf | $1,160,000 | ↑ 4.6% |
CITIGATE RESIDENCE ranks in the top 66% of condos in District 8 by average PSF.
Compared to the RCR average of $2,049 psf, CITIGATE RESIDENCE trades 32.4% below the segment benchmark.
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Rental Market Overview
CITIGATE RESIDENCE has recorded 74 rental transactions with monthly rents averaging $2,951/mo.
| Type | Leases | Avg Rent | Min | Max |
|---|---|---|---|---|
| 1 BR | 52 | $2,795/mo | $1,900/mo | $3,600/mo |
| 2 BR | 22 | $3,318/mo | $2,300/mo | $4,300/mo |
| Year | Leases | Avg Rent |
|---|---|---|
| 2021 | 15 | $2,357/mo |
| 2022 | 15 | $2,777/mo |
| 2023 | 10 | $3,270/mo |
| 2024 | 16 | $3,253/mo |
| 2025 | 13 | $3,123/mo |
| 2026 | 5 | $3,200/mo |
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Investment Analysis
Based on average rents and sale prices, CITIGATE RESIDENCE delivers an estimated gross rental yield of 3.4%. This is above the Singapore-wide benchmark of approximately 3%.
Competing Condos in District 8
Side-by-side comparison against the most actively traded condos in District 8 (Little India):
| Condo | Tenure | Units | Avg PSF | Sales |
|---|---|---|---|---|
| PICCADILLY GRAND | 99 yrs lease commencing from 2021 | 407 | $2,168 psf | 426 |
| CITYLIGHTS | 99 yrs lease commencing from 2004 | 600 | $1,767 psf | 133 |
| CITY SQUARE RESIDENCES | Freehold | 910 | $1,894 psf | 115 |
| STURDEE RESIDENCES | 99 yrs lease commencing from 2015 | 305 | $1,999 psf | 107 |
| KERRISDALE | 99 yrs lease commencing from 1998 | 481 | $1,398 psf | 91 |
Location Map
Map shows CITIGATE RESIDENCE (centre marker) with nearby MRT stations and schools. Drag to pan, scroll to zoom.
- CITIGATE RESIDENCE
- Farrer Park MRT
- Boon Keng MRT
- Bendemeer MRT
- Novena MRT
- Little India MRT
- Farrer Park Primary School
- CHIJ Our Lady Queen of Peace
- St. Margaret'
Nearby MRT Stations
CITIGATE RESIDENCE is 480m from Farrer Park MRT (North-East Line), with 8 stations within 1.5 km.
| Station | Code | Line | Distance |
|---|---|---|---|
| Farrer Park | NE8 | North-East Line | 480m |
| Boon Keng | NE9 | North-East Line | 980m |
| Bendemeer | DT23 | Downtown Line | 1.1 km |
| Novena | NS20 | North-South Line | 1.1 km |
| Little India | NE7 | North-East Line | 1.2 km |
| Little India | DT12 | Downtown Line | 1.2 km |
| Jalan Besar | DT22 | Downtown Line | 1.3 km |
| Rochor | DT13 | Downtown Line | 1.5 km |
Nearby Schools
There are 18 schools within 2 km of CITIGATE RESIDENCE, including 2 within the 1 km priority zone.
| School | Type | Distance |
|---|---|---|
| Farrer Park Primary School | Primary | 500m |
| CHIJ Our Lady Queen of Peace | Primary | 540m |
| St. Margaret's Secondary School | Secondary | 1.1 km |
| St. Margaret's Primary School | Primary | 1.2 km |
| LASALLE College of the Arts | Tertiary | 1.2 km |
| Bendemeer Primary School | Primary | 1.2 km |
| Bendemeer Secondary School | Secondary | 1.3 km |
| St. Andrew's Secondary School | Secondary | 1.3 km |
| St. Andrew's Junior College | Jc | 1.3 km |
| Hong Wen School | Primary | 1.3 km |
| St. Andrew's Junior School | Primary | 1.3 km |
| Beatty Secondary School | Secondary | 1.6 km |
FAQ
What is the average price for CITIGATE RESIDENCE?
What is the rental yield for CITIGATE RESIDENCE?
Is CITIGATE RESIDENCE freehold or leasehold?
Methodology & Sources
This analysis covers All available years and refreshes as new data becomes available.
Transaction data sourced from URA REALIS.
- Sales data: 8 transactions analysed
- Rental data: 74 lease records analysed
- Gross yield = (avg monthly rent × 12) / avg sale price
Median values used to minimise outlier impact. PSF = price per square foot.
View Live Data for CITIGATE RESIDENCE
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